Archive News


Ed-tech startup Notesgen raises additional funding from GHV, existing investors

Delhi-based Notesgen Technologies Pvt Ltd, which runs peer-to-peer ed-tech startup Notesgen, has raised an additional INR 1 crore ($148,000) in angel funding from GHV accelerator and existing angel investors. The funding will be utilized to enhance technology and grow user base.

Woo acquires US dating app Dus

Gurugram-headquartered dating app Woo has acquired Dus, a Los Angeles-based dating app in an all-cash deal for an undisclosed amount. Dus will merge with Woo in terms of brand identity and will focus on targeting Indians in America.

CureFit acquires majority stake in Tribe Fitness

CureFit has acquired a majority stake in Tribe Fitness Club for an undisclosed amount. Tribe Fitness is a chain of fitness centres that provides training without using machines.

HNIs invest in pet products portal Heads Up For Tails

Delhi-based luxury pet products portal Heads Up For Tails (HUFT) has raised $2 million from a group of high net worth individuals (HNIs) in a pre-series A round of funding. The portal has a catalogue of fashionable products for dogs and cats, with a focus on design and customisation.

Register My Marriage raises seed funding from Mumbai Angels

Delhi-based marriage registration portal RegisterMyMarriage has raised an undisclosed amount of funding from angel investor network Mumbai Angels in a seed round. The funding will be utilized to expand its registration services to wills, divorces, birth certificates, income certificates, etc.

OneLoyalCard acqui-hires real-time restaurant deal provider Pocketin

Noida-based Pocketin, a real-time restaurant deal startup, has been acqui-hired by online restaurant reservation portal, OneLoyalCard. Pocketin’s entire team along with its co-founders will join OneLoyalCard. The move is aimed at strengthening latter’s technology and expansion plans across India. OneLoyalCard plans to expand in six cities by the end of […]

IDG Ventures India closes INR 1,360 Crore fund

IDG Ventures India, which counts Ratan Tata and Infosys cofounder Kris Gopalakrishnan as its advisors, is about to close its third country-focused fund of $200 million (INR 1,360 crore) in a fund-raising that may attract World Bank arm International Finance Corp (IFC).IFC is looking to invest about $20 million in […]

MyDidi acquires TimeMyTask, merged entity valued at $15 million

On-demand cleaning services provider MyDidi has acquired peer TimeMyTask in an all-stock deal. The Mumbai-based company will absorb all the employees and the technology stack of TimeMyTask through this deal, which values the merged entity at $10-15 million.

Healthcare startup Yolo Health raises INR 1.6 Crore from Chandigarh Angels Network

Chandigarh Angels Network has invested $235,000 in Mumbai-based healthcare startup Yolo Health. Yolo Health, run by Health ATM India Pvt Ltd, provides a walk-in kiosk with medical devices and staffed by a medical attendant. The focus will to to strength the existing product and technology capabilities to deliver better virtual […]

AP launches INR 100 Crore fund of funds to prop fintech startups

Having identified fintech as a promising space to generate jobs, Andhra Pradesh announced a INR 100 crore fund of funds to invest in startups in this area. INR 100 crore will be put in initially for a fund of funds which will be managed professionally by a venture capital firm to […]

Gaming startup 99Games raises funding from Japanese investment firm Dream Incubator, others

Japanese investment firm Dream Incubator which has made its debut investment in India, has led an undisclosed funding round in Udupi-based gaming startup 99Games, accompanied by existing investors Kalaari Capital and Ascent Capital. The funding will be utilized for user acquisition purposes for global games and to build games for the […]

Healthcare platform Airmed raises INR 10 Crore from Brand Capital

Airmed Path Labs, a home-service health-test platform, has raised about INR 10 crore from Bennet, Coleman and Co Ltd’s (BCCL) investment arm Brand Capital to help fund its expansion and strengthen its brand. The funding will be utilized to increase brand salience and brand awareness to widen customer base and […]

Impact investor Aavishkaar-Intellecap Group raises $25 Million

Impact investment firm Aavishkaar-Intellecap Group has raised $25 million (about INR 170 crore) in an equity funding round led by Triodos Investment Management and Shell Foundation. The capital will be utilized to consolidate and expand its bouquet of ecosystem building businesses. 

Nudge Foundation to invest $7.3 Million via incubator for non-profit startups

Nudge Foundation, which is backed by Infosys co-founder Nandan Nilekani, Tata Trusts and other industry heavyweights, has launched N/Core, an incubator for non-profit startups working towards poverty alleviation.  Through N/Core, Nudge will invest more than INR 50 crore over the next five years to incubate and support over 100 non-profit […]

Wishberry raises additional funding from iSPIRT’s Sharad Sharma, Google’s Anandan

Mumbai-based Wishberry Online Services Pvt Ltd, which runs and operates crowdfunding platform Wishberry for creative artists, has raised an undisclosed amount in pre-Series A funding led by iSPIRT’s Sharad Sharma. Wishberry claims to have raised more than INR 10 crore ($1.5 million) from over 350 crowdfunded projects spanning films, music, theatre, […]

Endiya Partners raises $25.6 Million for maiden fund

Hyderabad-based Endiya Partners, an early stage venture capital firm, has raised INR 175 crore for its first fund, most of it from four family offices in India and three financial institutions. The fund has already invested in four companies including mobile application platform for developers Hansel, HR software as a […]

Travelyaari co-founder, former Ventureast exec to float seed fund

The domestic fund to be floated by Arjun Rao, who quit Travelyaari in 2015, and Vishesh Rajaram will have initial capital of $15 million (around INR 100 crore). The fund will make seed investments of INR 1-2 crore ticket size.

SaaS venture Loyalty Prime raises funding from Germany-based funds Senovo, UVC

Software-as-a-Service (SaaS) platform Loyalty Prime has secured a Series A round of funding from a consortium of investors, including Munich-based early stage fund Senovo, Unternehmertum Venture Capital (UVC) and angel investor Alexander Bruehl. The funding will be utilized to expand its business across Europe, the US and Asia in a […]

SaaS start-up Betaout raises funding from Early-stage investor East Ventures, others

Betaout Inc, a customer intelligence and marketing automation platform for e-commerce companies, has raised an undisclosed amount of funding from East Ventures and other South East Asia-based angel investors.The funding will be utilized to strengthen its operations in Indonesia and other parts of South East Asia, expand clientele, and for […]

BookMyShow acquires Hyderabad-based online ticketing platform MastiTickets

Online ticketing portal BookMyShow has acquired Hyderabad-based online ticketing platform MastiTickets in an undisclosed, all-cash deal. The acquisition is largely targeting regional markets, specifically Andhra Pradesh and Telangana.BookMyShow already has partnerships with 4,000 screens across India, with 530 screens being prevalent in the Andhra Pradesh and Telangana market

RML AgTech raises $4 Million in Series B funding from IvyCap Ventures

RML AgTech, a company providing agriculture support solution on mobile phones to farmers, has raised $4 million from IvyCap Ventures, a private equity firm. The funding will be utilized to strengthen the company’s IT infrastructure and to bring in new products and features on its current offerings.

The Kochi Post raises first round of angel funding

The Kochi Post, run by Kochi Post Media LLP, the Kerala focussed English language online newspaper has received their first round investment from Angel Investor Rajesh Yohannan and Singapore based VC, Puthen & Cole. The Kochi Post was started in 2013 as an independent English media platform. In a short […]

Mobile Social Platform For Sports Khel Now Secures $500K Funding

Mobile-based social networking platform for sports, Khel Now has received $500K in funding from Thailand-based Indochine International company.The startup plans to use the funds to expand its network and services across Southeast Asian countries. The company is also planning to add sports such as tennis, basketball, badminton and Thai martial […]

NowFloats raises $10 million in a Series-B round

NowFloats, a firm which helps businesses get online, has received a funding of $10 million in a Series-B round from a clutch of investors including Iron Pillar and IIFL along with Blume Ventures & Omidyar Network.The company plans to invest the money on sharpening its technology stack that drives customer […]